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But after artists and not the most high-tech fashion houses, beauty brands that adhere to traditional values and channels of communication with customers have entered the NFT territory. Let's try to figure out what Nivea and Grimes have in common, who earned $5.8 million at the auction of her own digital art collection.

We figured out the first part of the lesson, but in the metaverse of the jar, it's a secondary matter, because we are talking about tokens — digital certificates confirming and securing ownership. It seems that representatives of the beauty and health industry simply have nothing to do in this universe.

So, the jar of cream that you order in the online store is the most fungible product, and if the ingredients of the cream are selected directly for the needs of your skin, and your initials are emblazoned on the package, then it falls into the category of non-fungible.

In English, the word fungible is used as an economic term denoting goods that do not differ from each other and can be easily replaced.

Acquaintance with NFT could end on the first date. The desire to swipe to the left, without wasting time, caused an unpronounceable name. The cumbersome phrase "non-interchangeable token" had to be remembered first. Because, we admit, we haven't heard about interchangeable tokens either

Indeed, we only managed to figure out the intricacies of the blockchain and had to learn how to live with cryptocurrency in our pocket, when we faced a more difficult task.

We did not want to offend anyone in any way, but according to the latest statistics, the girls still do not feel quite comfortable in the new territory. For example, sales of female artists on the NFT market amounted to only 16% of the total volume.

A cream with gold particles in the composition or a year's supply of La Mer funds, once considered key assets, are giving way to products that exist exclusively in the digital space.